The Nuclear Renaissance is Here

Or, at least, in Canada While U.S. nuclear industry struggles through licensing, financing, and fuel availability problems, Canada appears to be on the verge of a construction binge. What’s different? Well, the physics are the same, of course, but the politics and the financial structure are a bit different. In January this year, Ontario Power …

Ontario prepares to go big on nuclear, with demand for electricity poised to soar

Costs of expanding nuclear power plants could ultimately run into the hundreds of billions of dollars Demand for electricity across Canada is forecast to double in the next 25 years, and all the signs from Ontario Premier Doug Ford’s government indicate that nuclear energy will supply the biggest portion of the province’s additional power needs. …

China expects to OK 6-8 nuclear power units per year in green energy drive

A dome is installed over a Hualong One nuclear power unit at Fangchenggang nuclear power plant in Guangxi Zhuang Autonomous Region, China May 23, 2018, in this picture provided by Fangchenggang nuclear power plant and released by China Daily/File photo Acquire Licensing Rights China expects to greenlight six to eight new nuclear power units a year …

Nuclear groups propose ‘stepwise’ approach to increased regulatory efficiency

A new joint report from World Nuclear Association, the Nuclear Energy Institute and the Canadian Nuclear Association proposes regulatory steps which can be taken to minimise the time and cost for large-scale deployment of a fleet of standardised reactor designs that are acceptable in multiple countries around the world. The report, A Framework for International Regulatory …

Canada offers CAD3 billion finance for nuclear in Romania

The Canadian Minister of Energy and Natural Resources Jonathan Wilkinson has announced CAD3 billion (USD2.2 billion) of export financing to Nuclearelectrica to support the building of two CANDU-6 reactors at the Cernavoda nuclear power plant in Romania. The agreement was announced by Wilkinson alongside Sebastian Burduja, Romania’s Energy Minister, in Ottowa. He said it would …

Poland’s first NPP to start operating in 2033

Poland’s first nuclear power plant (NPP) will start operating in 2033, as planned, the Polish government’s commissioner for strategic energy infrastructure said in Washington on Wednesday. Anna Łukaszewska-Trzeciakowska went to the U.S. to hold talks with representatives of Westinghouse and Bechtel, Poland’s partners in the NPP construction, about accelerating work on the investment. After the …

Westinghouse and Energoatom agree AP300 SMR cooperation

Ukraine’s Energoatom and the US firm Westinghouse have signed a memorandum of understanding (MoU) relating to the development and deployment of AP300 small modular reactors (SMRs) in Ukraine. The MoU was signed by Westinghouse CEO Patrick Fragman, seated left in the the picture above, and Energoatom President Petro Kotin. Ukraine’s Energy Minister Herman Halushchenko, standing …